Ichiyoshi Securities : Announcement of Status of Acquisition of Treasury Shares

(Press release on June 14, 2022)

(English translation for reference purposes only)

ICHIYOSHI SECURITIES CO., LTD.

Listed on: Tokyo Stock Exchange (Prime Section) (Stock code: 8624)

President & Representative Executive Officer: Mr. Hirofumi Tamada

Enquiry to: Mr. Takatoshi Kawai, Manager of Public Relations Office Tel: [phone]

Announcement of Status of Acquisition of Treasury Shares

In accordance with the resolution adopted by the Board of Directors of Ichiyoshi Securities Co., Ltd. (the "Company") at its meeting on May 16, 2022, the Company carried out the acquisition of treasury shares as detailed below. The acquisition was made pursuant to Article 156 of the Company Law as applied mutatis mutandis under Article 165-3 of the said law.

1. Kind of shares acquired: Shares of the Company's common stock.
2. Number of shares acquired: 880,000 shares.
3. Total cost of acquisition: 542,030,200 yen.
4. Period for acquisition: From May 17 to May 31, 2022 (on a trade date base).
5. Acquisition method: Purchase in the market through trustee as agent.

(Reference)

1. Contents of the resolution by the Board of Directors dated May 16, 2022:
2. 1. Kind of shares to be acquired: Shares of the Company's common stock.
   2. Number of shares to be acquired: 2,000,000 shares at maximum (equal to 5.5% of the Company's issued shares excluding treasury shares owned).
   3. Total cost of acquisition: 1,400,000,000 yen at maximum.
   4. Period for acquisition: From May 17 to June 23, 2022.
   5. Acquisition method: Purchase in the market through trustee as agent.
3. Total shares acquired based on the resolution by the Board of Directors as of May 31, 2022.
4. 1. Number of shares acquired: 880,000 shares
   2. Total cost of shares acquired: 542,030,200 yen

(End)